GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — In September 2017, General Motors CEO Mary Bar...
Tag: electric vehicles
Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant
Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen su...
Here’s what Cadillac’s new $300,000 electric sedan will look like
The Cadillac Celestiq show car previews an upcoming electric sedan for General Motors. GM DETROIT – General Motors on Friday previewed what its most expensive Cadillac ever will look like as the autom...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
Lake Mead Is Shrinking, USPS Goes Electric And Software To Make Farmers Green
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. TImothy Archibald for Forbes Agriculture ...
Clean Energy Remains A Long-Term Leader
The global equity benchmark remains -21% off highs (-24%) to its recent June lows as shown in the Datagraph™ below. William O’Neil + Co. Within the ongoing global bear market, finding areas of r...
Ford Makes Major Commitment To CATL Lithium Iron Phospate EV Batteries
Ford reinforces plan for 600,000 annual EV run rate by end of 2023 Ford It’s no secret in the auto industry that in order to meet the commitments that manufacturers have for EV production this decade ...
Ford says it has battery supplies needed for ambitious EV goals
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor said Thursday t...
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztia...
USPS To Boost Purchase Of Electric Delivery Vehicles
Topline The U.S. Postal Service (USPS) said Wednesday it will dramatically increase the share of electric vehicles among a fleet of new delivery vehicles it’s ordering, following criticism from enviro...
GM reveals Chevrolet Blazer EV with pricing up from $45,000
2024 Chevrolet Blazer SS EV GM DETROIT – General Motors on Monday revealed its new electric Chevrolet Blazer that’s expected to compete against the Ford Mustang Mach-E and Tesla Model Y crossove...
UK plans $95 million hydrogen gigafactory
A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries. Krisztian Bocsi | Bloomberg | Getty Ima...
Chevrolet Blazer EV Coming In Summer 2023 To Challenge Mach-E, Model Y And Bad Guys
2024 Chevrolet Blazer EV RS Chevrolet 2023 is set to be a critical year for General MotorsGM ’ plan to shift its lineup entirely to electrification. Among the nearly ten EVs expected to debut by the e...
Nikola still lacks votes for stock-issue plan opposed by founder Trevor Milton
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Elon Musk Warns U.S. and EU of New Energy War
Elon Musk completely disrupted the automotive industry. With Tesla (TSLA) – Get Tesla Inc. Report, the manufacturer of premium electric vehicles, the richest man in the world has caused a real ...
Fusion Power Funding, A New EV Battery Plant In Kansas And How Food Waste Costs Taxpayers
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Associated Press In the first four months...
GM, EVgo and Pilot Company to build network of U.S. highway EV chargers
General Motors is building out a new network of EV fast chargers in partnership with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EV charging network EVgo. The companies will...
Hyundai unveils unique Ioniq 6 EV, an ‘electrified streamliner’
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a no...
Tesla’s Long-Time Partner Panasonic Building $4 Billion EV Battery Plant In Kansas
Panasonic’s new Kansas battery plant will be among the largest in the U.S. Panasonic Energy Panasonic, Tesla’s main battery manufacturer and a key investor since the company’s earliest days, say...
For Bitcoin Believers Musk and Saylor, a Reckoning Looms
Billionaires Elon Musk and Michael Saylor shortly are going to be in sharp focus. The first assessments of the potential losses that their big bets on bitcoin have sustained is approaching. Through t...
Tesla Rival Rivian Makes Big and Deep Changes
Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is in the process of launching a major restructuring to become more “nimble” to weather a difficult period for the automotive ind...
Polestar confirms it’s on track to meet 2022 deliveries guidance
Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle ...
Walmart Gives Embattled Tesla Rival Canoo a Lifeline
Canoo (GOEV) – Get Canoo Inc. Report, a young electric-vehicle manufacturer navigating serious financial stresses, got a lifeline just when it needed it. The financial problems have clouded Can...
Canoo Walmart deal for 4,500 vans sends EV stock jumping
Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business Courtesy: Canoo | Walmart Electric vehicle startup Canoo sai...
Tesla Rival Rivian Considers a Major Move
Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is preparing for the tough times ahead. The young manufacturer of electric vehicles, considered one of Tesla’s ( (TSLA) – Get Te...
Ford’s Mustang Mach-E electric crossover awards could help it take on Tesla
Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was nam...
Auto dealerships are facing a shortage of technicians to fix cars. Here’s why
It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are strugglin...
Elon Musk Embraces a Conservative Cause
When Elon Musk believes in an idea or a product, he goes all the way to defend it or make it happen. Tesla (TSLA) – Get Tesla Inc. Report is the very example of this determination. Many were ...
Ford Having Some Really Bad Luck With Its Vehicles
Ford Motor Co. (F) – Get Ford Motor Company Report would probably like to hide under the hood of its vehicles lately, but that might not be such a good idea with the all bad luck the automaker ...